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Find which errors would cause the balance sheet columns

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Reference no: EM132728487

Problem 1: Which of the following errors would cause the balance sheet columns of a work sheet to be out of balance?

1) Entering an asset amount in the Income Statement Debit column.

2) Entering a liability amount in the Income Statement Credit column.

3) Entering an expense amount in the Balance Sheet Debit column.

4) Entering a revenue amount in the Balance Sheet Debit column.

5) Entering a liability amount in the Balance Sheet Credit column.

Reference no: EM132728487

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